Highlight the steady pace of filings for artificial intelligence-related securities class actions;
Review a flurry of decisions from the Delaware Court of Chancery suggesting that Caremark liability requires more than...more
11/14/2024
/ Artificial Intelligence ,
Automation Systems ,
Books & Records ,
Class Action ,
Class Certification ,
Compliance ,
Consent Order ,
Consumer Financial Protection Bureau (CFPB) ,
Delaware ,
Derivatives ,
Disclosure Requirements ,
Goldman Sachs ,
Investors ,
Medicaid ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Securities Litigation ,
Shareholders ,
Software
With just one quarter remaining in 2023, securities and derivative litigation continues to develop with new standards being articulated or clarified, particularly by decisions within the Second Circuit:
The Second...more
As securities class actions are being filed at a slower pace over the past year, a few notable developments continued into the second quarter of 2021. In particular, the U.S Supreme Court clarified an important issue...more
Key Takeaways - The Supreme Court clarified its prior securities class-action decisions in Basic v. Levinson (“Basic”), Erica P. John Fund, Inc. v. Halliburton Co. (“Halliburton II”), and Amgen Inc v. Connecticut Retirement...more
In a decision that has important implications for both plaintiffs and defendants in securities class actions, the Supreme Court of the United States in Halliburton Co. v. Erica P. John Fund, Inc. (Halliburton II), No. 13-317...more
In Amgen Inc. v. Connecticut Retirement Plans and Trust Funds, No. 11-1085, 568 U.S. ___ (2013), decided on February 27, 2013, the Supreme Court of the United States affirmed the Ninth Circuit’s ruling that, in a case...more